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Manufacturing Sectors of Pakistan
Submitted To: Ma’am Khatiba Submitted By: Ishtiaq Bhatti Roll No: 17 BBA(Hon’s) Subject: Pakistan Economy
In 1950, became first Pakistani to lead army as its Commander-In-Chief.Army took control of the country in 1958 & appointed General Ayub Khan as Chief Martial Law Administrator.Soon after, Ayub Khan declared himself as President.
AYUB KHAN ERA (1958-
1968)
GDP Rate (1958-1968)
Manufacturing Sectors
New Industrial PolicyIn 1958 Military government
came into power In February 1959 Announced a
new industrial policy Policy was a duplication of 1948
Focused on Private Enterprise Role of private and public Sectors
Industrial Growth Private investment Industrial Policy
1959 Maximum Scope would
be given to private Sectors
To achieves balance of development
Government would start an operation
Role of Central Government Centralized Decision making Responsible for over all industrial
development
Industrial Policy of 1959Emphasis on Private Sectors Development of Agro Based industriesCotton , silk & woolen textiles , Oil industries Focus on Export industries Shifting From Consumer good to Capital
Goods Consumer good are not used to produce
other goods they are used by consumer by consumer
Capital goods are used to produce consumer goods Example: machines
Exports Promotion To promote Export Export Promotion Bureaus
Scheme in 1959 Export Credit Guarantee Scheme
in 1962Export market Development fund
in 1966Pakistan international house in
1968
Zulfiqar Ali Bhutto Era (1970-1977)
Main features of PPP government Nationalization Policy Government took over the
management of 32 industries Rule of Share Ownership &
Compensation In August 1973 order were issued
this order enable the federal government to acquire majority share of the units on the basis of compensation to the old owner
Measure for private Sectors Elimination of Management Agency
System It has enable a few families to gain control over
the industry sector Voting & Representation System Hydrogenated Oil Industries Act 1973 2 September 26 industries producing ghee were
nationalizedPakistan Maritime Shipping The management of national shipping
corporation & 9 other shipping industries were nationalized
Nationalization of Agricultural Processing industries In July 1976 government took over some
agriculture industries Example cotton ginning industries large flower mills
LABOUR FRFORMS Give the industrial worker a say in the
factory Increase in import and export Duties Tax etc Fiscal incentive To establishment industries in less develop
areas
Bye Bye